Accountant Audit

The Account Auditor is responsible for ensuring accuracy, compliance, and transparency in all financial and inventory-related transactions within the jewellery showroom. This role is critical due to the high-value nature of gold, diamonds, and precious stones.

Key Responsibilities

1. Financial Auditing

• Verify daily sales, purchase entries, and cash/bank transactions

• Reconcile accounts (cash, bank, debtors, creditors)

• Review GST invoices and ensure compliance with tax regulations

• Check billing accuracy and detect discrepancies or fraud

2. Inventory Audit (Critical in Jewellery Industry)

• Conduct regular physical stock audits of gold, diamond, and silver items

• Match physical stock with system records (ERP/software)

• Monitor wastage, shrinkage, and stock movement

• Verify tagging, weight, and purity details

3. Internal Controls & Compliance

• Ensure adherence to internal audit processes and SOPs

• Identify control gaps and suggest improvements

• Monitor adherence to pricing, discount, and approval policies

• Ensure compliance with BIS hallmarking and legal standards

4. Documentation & Reporting

• Prepare audit reports with findings and recommendations

• Maintain proper documentation for audit trails

• Identify suspicious transactions or unusual stock movement

• Conduct surprise audits

• Investigate financial inconsistencies

• Bachelor’s degree in Commerce (B.Com) / Accounting / Finance

Experience

• 2–5 years in accounting/auditing

• Experience in jewelry retail, luxury retail, or high-value inventory preferred

Key Skills

• Strong knowledge of accounting principles

• Experience with Tally / ERP systems

• Understanding of GST and tax compliance

Preferred Industry Knowledge

• Gold & diamond valuation basics

• Jewelry billing systems

• Understanding of making charges, wastage, and karat calculations

Salary Range (Mumbai Market)

• ₹3 LPA – ₹7 LPA (depending on experience and brand)

Working Conditions

• Retail showroom environment

• May require extended hours during festivals (e.g., Diwali, wedding season)

• It is a Full Time Accountant job for candidates with 2 - 4 years of experience.